Duesenberg Technologies's Total Assets for the quarter that ended in Jul. 2023 was $4.35 Mil.
During the past 12 months, Duesenberg Technologies's average Total Assets Growth Rate was 8255.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 1.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 45.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 12.00% per year.
During the past 12 years, Duesenberg Technologies's highest 3-Year average Total Assets Growth Rate was 87.60%. The lowest was -61.50%. And the median was 1.00%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Duesenberg Technologies's Total Assets for the fiscal year that ended in Oct. 2022 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Duesenberg Technologies (OTCPK:DUSYF) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Jul. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Duesenberg Technologies's Asset Turnover for the quarter that ended in Jul. 2023 is
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Duesenberg Technologies Total Assets Related Terms
Thank you for viewing the detailed overview of Duesenberg Technologies's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Duesenberg Technologies (Duesenberg Technologies) Business Description
Duesenberg Technologies Inc is engaged in the business of information technology. It is working in the development of SMART Systems and Vending Machines. The Vending Machine is customizable to sell a variety of consumer products ranging from traditional snacks, soft drinks, and coffee, to prepaid mobile cards and other goods, while simultaneously displaying advertisements and other various promotional content. Each Vending Machine is based on the operating system and is supplied with credit card reader and QR Code reader, which facilitates payments with credit cards, eWallet, and other membership-based payments. It generates revenue from SMART Systems software licensing and maintenance of the applications required to run SMART Systems.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
DUSYF has been successfully added to your 